College trys again

Status
Not open for further replies.
Quote from GoldenMember:

Of course you did, No Margin Call along the way? Third thread started, and the common denominator is the big loss in the end which isn't quantified. You are only fooling yourself.
More...
he does need to fess up to the prices on those outs,we have all made those trades, he did mention in earlier journals that it was a small acct and if he blew it , he would just add a few hundred, at least he's losing small chunks, sort of junior college tuition, vs ivy league loss
 
Quote from college ruled:

Got out quite a bit higher than where it's at now. Thanks in part to that one big winner still positive pips. Moving on to the next trade setup.
More...

You should be a GURU. lol.

When you are avoiding P/L, this thread become pointless.

It's a pride thing, and all traders that are insecure worry about mentioning a loss.

When you avoid the MOST IMPORTANT part of trading..... I wonder.
 
Quote from college ruled:

. By placing trades here hoping this will help me become a good trader, and hoping to attract the attention from a few of you experienced guys who wish to help a newb like me. I'm learning fast...hardknocks style.
More...
You have peoples attention, but most don't take you seriously.

Many have attempted to assist you, and you mocked them while claiming superiority. People will help you if you display the proper attitude and willingness to learn.

A trade journal needs to be transparent. A simple format as previously suggested to you. Time, entry, reason for exits - target and risk mgmt [aka stop & target] will suffice.

Lucrum showed you a simple method to post, it included entry, target, Stop and time stamp. The difference between your trading and his isn't the small profits taken, He displays risk mgmt. He is getting trail stopped, he isn't targeting 10 pips with an open ended stop, his exits are well defined as is his risk.

Ammo you call a perpetual bear who averages down, the difference being is he is using calculated money mgmt, reducing, adding, re entering while never losing sight of his intended max loss for the trade or trade series. He takes his losses when the trade failed, and he takes his profits when the trade is successful.

Old time employs diversification and also has his maximum intended loss in mind

Everybody has a different style, the one common denominator in them all is some form of risk mgmt.

If advice is what your after, a reason for taking the trade, be it fundamental or technical, and the reason for closing it. Nobody can assist you if all you are doing is hitting the buy/sell without details. And I wouldn't continue to bite the hands of the people who attempt to guide you.

Until then, you remain entertainment, a diversion between trades.
 
Quote from BlueTurtle:

You should be a GURU. lol.

When you are avoiding P/L, this thread become pointless.

It's a pride thing, and all traders that are insecure worry about mentioning a loss.

When you avoid the MOST IMPORTANT part of trading..... I wonder.
More...

I'm entering a new mindset that I think may help me overcome a mental limitation or two. I'm focusing on capturing pips now letting the P/L take care of itself. Yes I do hate taking a loss, and letting too many pips on the table hate even more. I'm learning a little about myself too as I attempt to trade successfully. Very interesting this trading stuff..and what you learn about yourself. I'm very glad to have tried this anyway it turns out.
 
Quote from GoldenMember:

You have peoples attention, but most don't take you seriously.

Many have attempted to assist you, and you mocked them while claiming superiority. People will help you if you display the proper attitude and willingness to learn.

A trade journal needs to be transparent. A simple format as previously suggested to you. Time, entry, reason for exits - target and risk mgmt [aka stop & target] will suffice.

Lucrum showed you a simple method to post, it included entry, target, Stop and time stamp. The difference between your trading and his isn't the small profits taken, He displays risk mgmt. He is getting trail stopped, he isn't targeting 10 pips with an open ended stop, his exits are well defined as is his risk.

Ammo you call a perpetual bear who averages down, the difference being is he is using calculated money mgmt, reducing, adding, re entering while never losing sight of his intended max loss for the trade or trade series. He takes his losses when the trade failed, and he takes his profits when the trade is successful.

Old time employs diversification and also has his maximum intended loss in mind

Everybody has a different style, the one common denominator in them all is some form of risk mgmt.

If advice is what your after, a reason for taking the trade, be it fundamental or technical, and the reason for closing it. Nobody can assist you if all you are doing is hitting the buy/sell without details. And I wouldn't continue to bite the hands of the people who attempt to guide you.

Until then, you remain entertainment, a diversion between trades.
More...
I'm so goddamned diverisified sometimes I can't make money no matter what it does. It's called being "boxed in." It's what chicken shit traders do when they can't stand to lose all the money they have made.
 
Quote from Lucrum:

Unlike you I'm not trying to be spectacular, just consistently profitable.
More...

I'm glad you said this because it made me realize...

My goal has always been just that..consistently profitable. I don't think I'm trading as well now as I did in my first journal where 9 out 10 trades where winners. After all the heat and heckling I took in that first journal because of grabbing "only" 15 pips per trade, I began to question myself and method. My trading has taken a giant step backward as a result of just that...trying to grab larger chunks. I was ON FIRE in that first journal. I didn't "know" I couldn't do what I was doing :D
 
Status
Not open for further replies.
Back
Top